(Source: APM Automotive Holdings Bhd) Introduction Further to the announcement of even date on the incorporation of APM-TS B.V., the Board of Directors of APM Automotive Holdings Berhad ('APM' or the 'Company') wishes to inform the following agreements have been entered into on 13 November 2015 : (a) Agreement of Sale of Certain Assets of Business ('SPA') between TS-Automotive B.V. ('TS' or 'Vendor') and Bent Holding B.V. ('BH') and Mark Bent (collectively 'Covenantors') and APM-TS B.V. ('ATS' or 'Purchaser') and APM Auto Components Europe B.V. ('AACE') ATS or Purchaser which has been incorporated to carry out the business of development of springs, absorbers and coil-overs for the...
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